E.— 2.

General Account. Dr. £ g. d. Or. £ 8, a. To Interest .. .. .. .. .. 2,034 911 By Rents .. .. .. .. .. 5,746 1 0 Rates .. .. .. .. ~ 222 5 5 Bonus on endowment insurance policies .. 178 2 0 Salaries .. .. ~ .. .. 880 3 0 Boys' extras, Collegiate School .. .. 125 14 2 Audit fee .. .. .. .. ~ 23 2 0 Boys' extras, St. George's School .. .. 6 3 2 Management sundries .. .. 112 10 7 Office rent .. .. .. 60 0 0 6 056 0 4 Office sundries, postage, &c. .. .. 141 0 2 Transfer to Balance Account .. .. '5713 7 Printing, advertising .. .. .. 84 2 9 Repairs and maintenance, estate .. . , 116 £ s. d. Legal expenses .. .. .. 201 7 2 Less transfer from Suspense Account .. .. .. 200 0 0 1 7 2 Contributions to Provident Fund .. .. 607 5 4 School-garden .. .. .. .. 38 18 9 4,206 6 7 Transfer from School Account .. .. 45 13 0 Transfer from St. George's School Account .. 1,361 14 4 Reserve for Doubtful School Accounts .. 500 0 0 £6,113 13 11 £6,113 13 11 Balance-sheet. Liabilities. Assets. £ s. d. £ s. d. Boys' accounts outstanding— £ s. d. £ s d Balance Account at 31st December, Collegiate School .. .. 2,067 3 1 1930 .. .. .. 5,408 18 1 St. George's School .. .. 618 17 10 Plus transfers from sundry school 2 686 0 11 funds— Rent accounts outstanding .. .. 1.691 19 5 Book-room Account .. .. 828 12 8 Workshop Account .. .. 105 0 6 4 373 q 4 Library Account .. .. 215 11 7 Collegiate School .. .. 81,705 0 0 Cadet Corps Account .. 40 13 4 Furniture .. .. .. 3.837 0 2 6,598 16 2 Pianos .. .. 694 0 4 Less transfer from General gg 236 0 6 Account .. .. .. 57 13 7 Earthquake risk alterations to date — Collegiate School .. .. 1,262 5 0 6,541 2 7 St. George's School .. .. 300 0 0 Sundry creditors .. .. .. 18 15 0 1 562 5 0 Sundry school, funds .. .. .. 483 19 8 St. George's School .. .. 25 797 0 11 Provident Fund .. .. .. .. 3,251 8 8 Furniture .. .. .. 1,340 19 4 Mortgages .. .. .. .. 110,155 0 0 27 138 0 3 Temporary deposits .. .. .. 8,638 9 2 Estate buildings .. .. .. .. 2'650 0 0 Reserve for Doubtful Debts .. .. 500 0 0 Roads .. .. .. .. .. 13' 004 1 11 Endowments— Section Ib, London Street.. .. .. 650 0 0 Prize Fund .. .. .. 511 14 0 Grey Street House .. .. .. 973 4 4 Scholarship .. .. ~ 3,000 0 0 Tayforth land .. .. .. .. 2,093 15 8 3,511 14 0 House 317, Avenue .. .. .. 373 19 j Suspense Account— Steward's stores on hand .. .. .. 344 ] 1 7 Accrued interest .. .. 1,828 18 6 Sinking Funds— Household accounts .. .. 200 17 10 St. George's school loan .. 3,046 9 9 Sundries .. .. .. 159 4 1 Earthquake alterations loan .. 50 0 6 3,096 10 3 2,189 0 5 Boys'extras paid but not charged— Less fees, £160 65.; -sundries, Collegiate School .. .. 1,055 0 5 £210 ss. sd. .. .. 370 11 5 St. George's School .. .. 216 11 2 1,818 9 0 „ 1 271 11 7 Bank of New South Wales .. 8,902 16 10 Sundry debtors .. .. .. .. ' 30 15 1 Plus unpresented cheques .. 103 8 0 Cash on hand— 9,006 4 10 Steward .. .. .. 0 2 7 Office .. .. .. 122 4 9 122 7 4 £143,925 2 11 £143,925 2 11 Auditor's Certificate.—l have audited the books and accounts of the Whanganui College Board of Trustees for the year ended 31st December, 1931, and certify that the foregoing statements are in accordance therewith, and that in my opinion the above Balance-sheet is properly drawn up so as to exhibit the true position of the affairs of the Trust as disclosed by the books at 31st December, 1931,— T. Ballingall, F.P.A.N.Z. Wanganui, 25th February, 1932.

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